NCC Ltd (NCC)

Nagarjuna Construction Company Limited NCCL a construction and infrastructure enterprise was established as a Partnership Firm in 1978 and converted into a Limited Company on March 22nd 1990. NCC is the only construction company from India hailed as Best Under a Billion in Asia Pacific and evolved from a mere contractor to a fullfledged infrastructure solutions provider. The Company is engaged in the infrastructure sector primarily in the construction of industrial and commercial buildings housing project roads bridges and flyovers water supply and environment projects mining power transmission lines irrigation and hydro thermal power projects real estate development etc.The Company has a cluster of regional offices in Delhi Ahmedabad Bhubaneshwar Kolkata Mumbai Bhopal Lucknow Hyderabad Chennai and Bangalore. Also NCC has presence in international level through offices in Dubai UAE and Muscat Sultanate of Oman. Apart from the conventional construction and other methods the company adopts the NBS Cellular System developed in collaboration with Byyging Uddheman AB of Sweden and NCC Pre Fab System which is developed in house. The Property Division of the company was established in the year 1996 it keeping pace with the times its process features cuttingedge construction technologies on par with international standards followed by the Transportation Division of the company was started in the year 1998 with the objective to capture opportunities in the countrys road network. For undertake the Design Engineering Supply Erection Testing Commissioning of EHV Transmission Lines 33/11 KV Substations Lines and Distribution Systems the company established the Electrical Division in the same year 1998. A year after in 1999 NCC had started its Water Environment division keeping in view of the increasing investments in several projects by various Government agencies in water supply and sewerage effluent and underground waste water treatment plants across the country. The division meticulously executes projects to the countrys urban and rural areas. CRISIL had upgraded the rating of the company from FB to FA in the year 2000. During the year 2004 NCC made Joint Venture with M/s Somdatt Builders Ltd and also awarded a contract worth Rs 993.80 million for strengthening and paving of shoulders of SH 24 RajkotMorvi Km 1/827 to Km 70/192 from the State Road Project Circle at Gandhinagar Gujarat and also NCC had kicked off its activity in the Irrigation segment in the year 2004. The Company had teamed up with South Korean firmDealim Industrial Co Ltd in the same year 2004 to undertake some projects. The Company had started its International operations by registering as a local company in the Sultanate of Oman in May of the year 2005. This Company is known as NCC International LLC now. NCC Ltd had joined hands with National Highway Authority of India in the year 2006 for different projects. Also in the same year of 2006 the company bagged order from Sultanate of Oman and secured two new Orders worth of Rs 1180 million. The Power Division of the company was started in the year 2007. The Division mainly works for the development of BOOT and BOT projects participates in tenders for turnkey contracts of power plants as well as the execution of Balance of Plant BOP on EPC basis and also in the Civil Structural and Architectural works of Thermal and Hydro Power plants. Also in the same year 2007 NCC started its Metals Division and the Oil Gas Division to cater to the infrastructure needs of various Oil Gas Companies in India. In December of the year 2007 the company had secured a major contract from the Govt. of Oman for the prestigious Wadi Adai Al Amerat Road project. The Company in consortia is already involved in two small Greenfield airport projects in Karnataka and a deepwater port in Machilipatnam in Andhra Pradesh. The focus of the company is to tap the potential in regional airports and nonmetro tier II cities. NCC Ltd through its Infrastructure Holdings is in consortia with Maytas Infra Hyderabad and VIE India Projects and Holdings to implement the two airport projects Gulbarga and Shimoga under publicprivate partnership. The Company has 52 subsidiaries including step down subsidiaries as of March 31 2017.The Company has 51 subsidiaries including step down subsidiaries as of March 31 2018. During the year 201718 Company has floated a new subsidiary viz. Talaipalli Coal Mining Private Ltd under a Joint Venture with another Company.The Company has 41 subsidiaries including step down subsidiaries as of March 31 2019. During the year 201819 2 subsidiarieswere closed and 8 Subsidiaries were converted into LLPs.The Company has 37 subsidiaries including step down subsidiaries as of March 31 2020 of which 7 step down subsidiaries have been closed down which are not presently in operation.The Company has 35 subsidiaries including step down subsidiaries as on 31st March 2021. Further 5 step down subsidiaries wholly owned subsidiaries of NCC Urban Infrastructure Ltd which were not having any operation were struck off by Registrar of Companies Hyderabad w.e.f. 9th April 2021.NCC Limited and two of its Wholly Owned Subsidiary Companies WOSs viz. Aster Rail Pvt. Ltd. and Vaidehi Avenues Ltd. in theirrespective Board meetings held in December 2019 subject to requisite approvals including that of NCLT approved merger of said WOSs with NCC Limited Holding Company with the appointed date as 1st April 2019. NCLT vide its Order dated 26th August 2021has approved the merger effective from 30th September 2021. The Company has 24 subsidiaries including step down subsidiaries as on 31st March 2022.During the financial year 202122 the Company divested entire equity stake held in NCC Vizag Urban Infrastructure Ltd NCCVUIL and NCCVUIL ceased to be a subsidiary of the Company. Further 7 stepdown subsidiaries Viz. Vara Infrastructure Private Limited Sradha Real Estates Private Limited Siripada Homes Private Limited NCC Urban Meadows Private Limited NCC Urban Villas Private Limited Sri Raga Nivas Ventures Private Limited and Nagarjuna Suites Private Limited and one Subsidiary Viz. NCC International Convention Centre Limited which were not having operations from the respective companies were Struckoff by the Registrar of Companies.

NCC Ltd Share Price: ₹101.90 per share as on 24 Mar, 2023 04:01 PM
NCC Ltd Market Capitalisation: ₹5,804.44Cr as of today
NCC Ltd Revenue: ₹3,905.11Cr as on December 2022 (Q4 22)
NCC Ltd Net Profit: ₹157.7Cr as on December 2022 (Q4 22)
NCC Ltd Listing date: 02 Feb, 2005
NCC Ltd Chairperson Name: AVS Raju